The lead article in the current AER is available here (gated, apparently, though the link isn’t working; h/t Tom Bozzo [on FB] and Brad DeLong; I was using the paper copy). The most interesting part so far: the authors only considered the documented costs of air pollution—not land, not water—in deriving the (embarrassingly negative) ROI […]
Ten great cities dying of thirst in Wallstreet 24/7 points to a problem already serious in some cases, and during the 2007/2008 drought made readily apparent – our lack of will to address water infrastructure problems and replacement, and our use of water that is outstripping sources. This report by Ceres and Water Asset Management […]
Robert Waldmann Those of us who fear global warming want to make it more expensive to burn coal. One way to do this is to impose absurdly high wages and restrictive work rules on coal mines. We know how to drive prices up. It is easy. Militant unions have shown the way. I propose the […]
Robert Balling over at TCS goes after Al Gore’s “An Inconvenient Truth” by noting a passage taken from this study, which got NRO’s Jonah Goldberg all excited. Andrew Sullivan more carefully reads what the study said and did not say and links to this piece which has in large font the following: Emissions of greenhouse […]
John Tamny starts his latest op-ed with some wisdom from Herbert Stein: Seeking to shift blame away from the Federal Reserve and the Nixon White House for the oil shocks of the early 1970s, the late Herbert Stein said, “My devotion to the old-time religion is not so great as to make me believe that […]
Peter Ferrara says blame “liberals and regulation” and trust the supply-side cure: Over the past thirty years, extreme-left liberals have successfully shut down new energy production in the United States … The liberals also have stoked “Not in My Backyard” concerns in order to stop the building of new oil refineries … Finally, we now […]
Arianna Huffington should consider John Derbyshire to do her Russert Watch: Watching Meet the Press roundtable on the gas price kerfuffle. Russert, challenging Energy Secretary Sam Bodman: “Oil demand is up. Supply is down. So why are prices rising?” Er……….. OK – Rachel Sklar did a nice job echoing something CalculatedRisk observed: Bodman says that […]
KLo suggests that Senator Kennedy is a socialist for telling Russert: And he ought to activate and call the Federal Trade Commission-which is basically a sleepy organization that has given an interim report in terms of price-fixing and gouging-he ought to get them off and have them working seven days a week, 24/7, to make […]
The spot price for Cushing, OK WTI just hit $70 per barrel. Edit: Spot prices were briefly above $70 last year due to Hurricane Katrina. Click on graph for larger image. Dr. Nouriel Roubini suggests that $70 oil may have a significant impact on the US economy: ” … if oil prices were to drift […]
Lawrence Kudlow makes a good case that we should not close the borders. He hopes – as do I – that Mexico can foster its own economic development. After all, the CIA’s World Factbook reports Mexico’s per capita GDP at only $10,000. But he loses me with the following: When Fox took Mexico’s helm six […]